Tuesday, October 23, 2012

Some light reading

BC Lund - Seven ways to focus your trading. He's one of my favourite trading psych bloggers out there. One example of simple genius:

Any news that is important you will see in price first.

A fundamental belief of TA. And maybe it might not always work well in the real equity world; but in our little crooked scummy junior mining sphere, I think price can be the tell that some good news (or bad) is coming. Price with volume, of course.

So there, Mister guy-who's-short-Primero-and-doesn't-see-a-reason-to-buy-ATY-til-he-sees-the-sulphide-numbers.

Oh - speaking of which:

Marketwire - PAAS offers $1.1 billion for Primero Mining. Just to see how well you can sleep at night.

And finally,

der Spargel - Russia's war on gays, lesbians, and the fucking rainbow for fuck's sake. You still think this is an "emerging" economy? Russia's a joke. Avoid Russia, avoid Russians. Thus I sold Nevada Copper.


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